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Mayor Villaraigosa Takes On Prop 13

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Mayor Villaraigosa calls for changes to Proposition 13, describing California's corporate tax structure a "Swiss cheese of loopholes and exemptions." On our partial rebroadcast of today's To the Point, with violence in Europe and political upheaval in the US, is the West losing confidence and hope? What's the role of wealth inequality?

Banner image: Los Angeles Mayor Antonio Villaraigosa addresses the Sacramento Press Club on August, 16, 2011. Photo courtesy of the Sacramento Press Club